NOT LISTED FOR SALE

Estimated Value: $1,228,988 - $1,660,000

4 Beds
3 Baths
-- Sq Ft
2,150 Sq Ft Lot

Last Sold January 18, 2024

Last sale price $1,600,000

Est. 11% decrease in value since last sale

Current estimated payment $8,167/month

41 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • New Windows
  • I.S. 126Q Albert Shanker School Community School Rated A-
  • Granite Countertops
  • 5-minute walk to Van Alst Playground

About This Home

As of January 2024

Nestled near Astoria Park and at the crossroads of the multi-billion dollar redevelopment of Hallet's Point, this beautifully renovated two-family home boasts a unique blend of classic style and modern functionality. Spanning over three levels, the owner's triplex features an expansive main floor that creates the perfect setting for entertaining guests. Immediately notice the spiced maple hardwood floors that extend throughout the first floor. Move into the chef's kitchen which is fitted with high end stainless steel appliances including a Wolf Induction cooktop, granite countertops, and a large peninsula with seating for six. Right off the kitchen is the covered patio, perfect for outdoor dining. Upstairs there are two generously sized bedrooms and a beautiful spa-like bathroom that has a glass-enclosed stand-up shower, modern Italian porcelain tiles, a Robern medicine cabinet, and a linen closet. The fully finished basement is perfect as a media room, play room or additional living space and is accessible from both the front and the back of the house. There is garage parking as well as driveway parking. The third floor rental unit is a bright and airy two bedroom home with a fully equipped and modern eat-in kitchen, perfect for generating extra income or accommodating guests. This space has been thoughtfully designed to guarantee the comfort of its occupants. Recent upgrades include a new roof, new triple pane windows to ensure thermal efficiency, and European black-out shutters. This is the perfect opportunity for the discerning buyer looking for a place that gives them the feel of a home, but with the upside or additional rental income.

Last Agent to Sell the Property

Bianca Colasuonno

Compass Greater NY LLC Brokerage Phone: 347-946-0050 License #40CO1073588 Listed on: 10/11/2023

Compass Greater NY LLC

Last Buyer's Agent

Bianca Colasuonno

Compass Greater NY LLC License #40CO1073588

Compass Greater NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,056

Year Built

  • Built in 1940

Lot Details

  • 2,150 Sq Ft Lot
  • Lot Dimensions are 18x119.42
  • Two or More Common Walls
  • Fenced

Parking

  • 2 Car Attached Garage
  • Shared Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • New Windows
  • Triple Pane Windows
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Ps 122 Mamie Fay Elementary School
  • Academy For New Americans Middle School
  • Young Women's Leadership High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 17 / 511
  • Assessor Parcel Number 00511-0017

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,056

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1940
  • New Construction: No
  • Attribution Contact: 347-946-0050
  • Co List Office Mls Id: ONECMPA01
  • Co List Office Phone: 212-913-9058
  • BuildingSize: 18 x 34
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Granite Counters, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,Second Dishwasher,Second Stove,Washer
  • Total Bedrooms: 4
  • Window Features: New Windows, Triple Pane Windows
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Patio and Porch Features: Patio
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Shared Driveway, Attached, 2 Car Attached, Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Academy For New Americans

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 18x119.42
  • Lot Size Sq Ft: 2150
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 00511-0017
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-10-13

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 8056
  • Tax Block: 511
  • Tax Lot: 17
  • Tax Map Number: 00511-0017
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Ps 122 Mamie Fay,Ps 17 Henry David Thoreau,Ps 234,Ps 85 Judge Charles Vallone
  • High School: Young Women's Leadership School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Jan 18, 2024
Sold by
Herrmann Joseph and Martin Emily
Bought by
27-25 12Th Street Llc
Seller's Agent
Bianca Colasuonno
Compass Greater NY LLC
Buyer's Agent
Bianca Colasuonno
Compass Greater NY LLC
List Price
$1,600,000
Sold Price
$1,600,000
Views
121
Current Estimated Value
$1,418,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$181,253
Avg. Annual Appreciation
-6.39%

Purchase Details

Listed on
Feb 19, 2022
Closed on
Jun 8, 2022
Sold by
Araujo Ilda and Holie Luc
Bought by
Herrmann Joseph and Martin Emily
Seller's Agent
Vasilis Kokoris
Compass
List Price
$1,555,000
Sold Price
$1,555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.79%
Original Mortgage
$828,800
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2007
Sold by
Molina Christina and Molina Francisco
Bought by
Araujo Ilda and Holie Luc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,800
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2002
Sold by
Molina Francisco and Molina Cristina
Bought by
Molina Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 1996
Sold by
Pereira Rafael and Pereira Yesmin
Bought by
Molina Francisco and Molina Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,100
Interest Rate
7.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
27-25 12Th Street Llc $1,600,000 --
27-25 12Th Street Llc $1,600,000 --
Herrmann Joseph $1,555,000 --
Herrmann Joseph $1,555,000 --
Araujo Ilda $796,000 --
Araujo Ilda $796,000 --
Molina Francisco -- --
Molina Francisco -- --
Molina Francisco $177,000 Ticor Title Guarantee Compan
Molina Francisco $177,000 Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrmann Joseph $828,800
Previous Owner Araujo Ilda $636,800
Previous Owner Molina Francisco $161,000
Previous Owner Molina Francisco $168,100
Closed Araujo Ilda $159,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2024 01/18/24 Sold $1,600,000 0.0% --
11/22/2023 11/22/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $1,600,000 +2.9% --
06/08/2022 06/08/22 Sold $1,555,000 0.0% $847 / Sq Ft View Prior Sale
02/19/2022 02/19/22 For Sale $1,555,000 -- $847 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,445 $44,567 $9,001 $35,566
2024 $8,445 $42,044 $8,777 $33,267
2023 $7,967 $39,667 $7,770 $31,897
2022 $7,068 $74,940 $14,880 $60,060
2021 $7,875 $80,160 $14,880 $65,280
2020 $7,861 $68,940 $14,880 $54,060
2019 $7,329 $73,380 $14,880 $58,500
2018 $6,441 $33,056 $8,289 $24,767
2017 $6,057 $31,185 $8,612 $22,573
2016 $5,924 $31,185 $8,612 $22,573
2015 $3,329 $30,949 $10,545 $20,404
2014 $3,329 $29,198 $11,939 $17,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3509895

OneKey® MLS

APN: 00511-0017